The 4th Euromoney US Covered Bond Investor Forum

The Euromoney US Covered Bond Investor Forum was a success once again. Over 230 issuers, investors and intermediaries convened on Wednesday 11 April 2012 at The Pierre, New York.

The event opened with a lively breakfast panel, offering attendees the chance to hear from the experts including Nicolas Veron of the Peterson Institute of International Economics on what the Eurozone crisis meant for Yankee bank debt. The opening panel focused on the likelihood of US legislation on Covered Bonds and the outlook for a re-emergence of the US market. Further sessions across a busy day considered: what the LTRO means for the Covered Bond market as a whole; the relationship between Covered Bonds, RMBS and unsecured; US investor appetite for non-US issuers; the experience of Canadian issuers; liquidity issues in the secondary market; best practice for investors in credit analysis on Covered Bonds and relative value to other asset classes; and how non-US issuers should navigate the market and different formats - 144a, SEC and private placements.

Many thanks to all our speakers, delegates and sponsors for making the event possible once again. We look forward to seeing you at the next events in our Covered Bond series, in Sydney in June and Munich in September.

Presentations

Click here to download the presentation from Nicolas Véron, Senior Fellow, Bruegel, and Visiting Fellow, Peterson Institute for International Economics